Welcome Back, Weekend Warriors!
This is the Amy Jones Group's weekly newsletter, detailing local events, recent real estate news, and open houses.
This week, we're bringing you four fun-filled events happening around the Valley!
Our Team is Growing
We are hiring!
Real Estate Professional
The Amy Jones Group is growing! With more than 150 families served in 2019 alone, we are looking for EXPERIENCED agents to join our Southeast Valley team. Known for our excellent client care, exceptional negotiation skills, world class digital marketing, and being trusted advisors in the SE Valley for more than a decade - we are looking for hard working, ethical, creative, real estate professionals who love to learn and thrive in a team environment, where giving back and giving to each other is important to our overall success. For more information on who we are and how to apply, visit https://www.amyjonesgroup.com or reply to this post directly!
Email your resumes to - [email protected]
Driving around the East Valley, it’s easy to see that activity is starting to pick up as we make our way into the last few months of 2020 which has many hoping that there is finally a light at the end of the tunnel after the tumultuous year we’ve had and others expecting to wake up on January 1st with more questions than answers about the year ahead. The campaign signs aren’t the only thing coloring the sides of the road, we’ve got lines outside of restaurants, movie theaters, and even the Grand Opening of new amenities at the Gilbert Regional Park this weekend including a 7-acre lake, 10-acre event lawn, and 6 sand volleyball courts! Like Serena Williams said, “It’s not a comeback if you didn’t go anywhere” well we say, welcome back.
The real estate market has been holding things down for us while the events, group activities and much of what we did for school, work, and recreation either went away entirely or took a massive hit to normalcy in light of the global pandemic. COVID-19 hasn’t been very friendly to many and in fact, our town has suffered the loss of some of our residents, the closing of our schools and the struggling of many of our local businesses. Other sectors including real estate have seen disproportionate levels of success through the pandemic with record number of sales, historically significant levels of appreciation, and a market that continues to thrive despite the uncertainties that many face in their home and work lives. October is typically the tail end of one of the slowest times in the annual real estate calendar but nothing follows a normal pattern in 2020 and real estate certainly is no exception.
Despite the cooling temperatures and the holiday aisles being set up at Target, the real estate market is defying the laws of seasonality by posting unforgettable numbers representing once in a lifetime opportunities for Valley residents. While we are seeing continued construction and new home communities popping up all around us, builders are still building less inventory than they did between 1996 and 2007 meaning that the likelihood of them helping us catch our breath and give buyers some room to exhale between writing multiple offers, competing with over asking contracts, and waiving contingencies - is slim to none. There is a great value proposition for new construction right now with prices rising slower than the resale market and the lack of updated inventory at some of their most marketed price points, it’s unlikely that we’ll see folks shy away from entering into drawings for homesite lots, being afraid of non-refundable deposits, or pushing back on the builder-friendly contract terms that they are being presented with.
Right now, getting the deal is the deal and that’s going to continue to be a hard pill for people to swallow but potentially a very profitable one. We need only reflect on those local residents who bought their home just one year ago who can now refinance their property and often remove their mortgage insurance because their 5% down payment has quickly turned into 20% equity thanks to sky rocketing appreciation - to understand the case study for making a move right now. We are posting more and more listings every day, outrageously high numbers for this time of year, and yet the demand remains strong enough that we simply can’t make a dent in the inventory that we need to replace. Sellers are asking 15-20% more for their homes, 35-45% of homes are selling for over asking, and we don’t expect this trend to reverse any time soon. Families are making life changing decisions to capitalize on historically low rates and jaw dropping appreciation numbers setting themselves up for the uncertain times to come.
If you own your home, find out how much its worth, how much you owe, and what your interest rate is because refinancing might be an option for you. If COVID has changed your working or schooling needs, take inventory of what you need in a home that you don’t have and determine if you can make those changes to the house that you have or ultimately, if you’ll need to move because your buying power has never been greater. If you are renting, add up what you’ve spent in rent in the last year and if it's less than the appreciation you would have seen in a home you purchased when you signed your lease - consider what it would take to become a homeowner because it's cheaper now than it's ever been. Think about what a change of 1% in interest rates would mean for your buying power, what 1% decrease in sales price would mean for your equity, and what 1% rise in rental rates would mean for you as an investor because change is coming.
The only thing that’s constant is change - knowing what that change would mean for you lets you plan for the worst, expect the best, save more than you think you can, give more than you’ve ever given, and continue to be grateful for the choices you have to make.
Hocus Pocus - Drive-in Movies - Apache Junction
Saturday, October 17th at 6:15 pm
Come out and enjoy a nice evening outside watching a family movie. We will be "Creepin' It Reel" for our October movies! The October 17th Drive-In Movie Presented by SRP will be bringing "Hocus Pocus" (movie subject to change based on licensing availability) to the big screen at the AJ Rodeo Grounds Event Center. PRE-REGISTRATION FOR THIS EVENT IS REQUIRED! The event is $5 per vehicle and space is limited! Social Distancing guidelines will be in place for the movie. You will be asked to park to the front left of your space and you can exit your car if you prefer and view the movie from the right of your vehicle. We will be playing the movie audio through our sound system speakers and will not be broadcasting it to car radios.
Patrons will have access to the restroom facilities. The movie will start at 6:15pm and gates will open at 5:45pm. The City of Apache Junction Parks & Rec will host this event at the Rodeo Grounds Event Center at 1590 E. Lost Dutchman Blvd. Apache Junction, AZ 85119. In the event of bad weather or high winds prior to movie time, this program could possibly be cancelled or moved to a future date. If the event has to be cancelled, there will be no refunds, however, customers would receive a $5 credit on their account. For more information on this program or other programs and services, please contact the Parks and Recreation Department at 480-983-2181 or visit the website at www.ajcity.net/parks
Tea Party - Gilbert
Saturday, October 17th at 1:00 pm
Princess Tea Party with the one and only Tinker Fairy!
Fly on over to The Pink Teapot, and start with a meet and greet with the Tinker Fairy, sit down at the table for story time and tea/sandwiches with the fairy, she will sing her song, then say good bye! Tickets are non refundable **Will only be refunded if state shuts down due to covid**
Tickets are $30 per kid (adults do not need a ticket)
Only the children will be served tea and sandwiches.
Only 12 tickets will be sold!
ONE Parent only
Sunday Funday Yoga - Gilbert
Sunday, October 18th at 8:15 am
Come join these gals for our OCTOBER Sunday Funday Yoga Party Sunday October 18 at 8:30am. The yoga party will be at Postino!!! Playlist will be HIP HOP! It is going to be blast! Sign up ASAP to get your spot. OPEN TO ALL. PLEASE INVITE YOUR FRIENDS. Let's YOGA PARTY!!
Location: POSTINO in Gilbert
All mats will be spaced out 6 ft from each other. Mats are provided along with sanitary wipes. We will have a fun (ALL- LEVELS) yoga party with our sound system in full effect. Space is limited.
Party Passes and Account Credits may be used. Please text Donna if you have any questions: 480-213-2909.
24 HOUR Cancellation is in effect. Please feel free to cancel up to 24 hours before our event. You are also welcome to send a replacement.
Staycation Giveaway! The Amy Jones Group
Friday, October 23rd at 9:00 am to 4:00 pm
Give the Amy Jones Group a call on October 23rd between the hours of 9:00am and 4:00pm to be entered to win one of the following:
1 Night Stay at a Deluxe Golf Resort in Downtown Chandler, AZ
1 Night Stay at a Local Casino Hotel For a Couples Getaway in Arizona
3 Opportunities to Stay at an
Indoor Water Park Resort in Scottsdale, AZ
See details below! Email [email protected] with questions
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